Arqit Quantum
Symmetric-key quantum-safe encryption delivered as a service.
Share price
What they do
Arqit Quantum provides quantum-safe encryption. Its QuantumCloud software delivers symmetric key agreement designed to protect data against the threat that future quantum computers pose to today's public-key cryptography.
Listed on the NASDAQ, Arqit sells to telecoms, defence and enterprise customers and partners with major technology and systems-integration firms to embed its keys into existing products.
Strengths & weaknesses
- +Addresses the near-term 'harvest-now, decrypt-later' security threat, not distant hardware
- +Software-delivered model with high gross-margin potential
- +Partnerships with large telecom and defence integrators
- –Commercial revenue has been slow to materialize versus early projections
- –Competes with standardized NIST post-quantum algorithms
- –History of guidance revisions has pressured investor confidence
- !Adoption timing risk as enterprises weigh competing PQC standards
- !Financing and dilution risk
Score breakdown
€120m SPAC, sep. 2021.
44th percentile within Quantum Key Distribution.
~110 employees.
44th percentile within Quantum Key Distribution.
Funding history
€130m total raised · rounds below sum to €120m (includes undisclosed rounds)
Filings & earnings
Management
Major shareholders
Similar companies
Links & resources
Company website↗Investor relations↗Sources: Dealroom · EPO · USPTO · arXiv · Company filings — Updated weekly · – 0.0 (30d)